Two Firms That Are Being Considered for an Outsourced Job

question 7

Essay

Two firms that are being considered for an outsourced job have equal un-weighted factor method
scores. Suppose that the ratings for each firm are identical except in two categories, currency and cost risk with high numbers representing low risk. The weight factor for currency risk is three times that of cost risk. Firm 1's score for currency is a 2 and Firm 2's score for cost is a 5. If firm 1 and 2 have identical cumulative scores with the weighted method, find Firm 1's cost score and Firm 2's currency score.

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Definitions:

American Notions

Concepts, ideas, or beliefs that are widely accepted or practiced in the United States, reflecting its cultural and societal values.

Middle-Class Citizens

Individuals or families typically characterized by moderate levels of income, education, and job security, forming a socioeconomic class between the wealthy and the poor.

Social Problem

An issue within a society that is recognized as being undesirable or harmful to members of the community.

Late 19th Century

The final decades of the 19th century, a time of industrial growth, cultural change, and the lead-up to major global events and shifts in the early 20th century.